The boss of the bank set up to increase funding for small companies was paid nearly £450,000 last year.
British Business Bank chief executive Keith Morgan topped up his salary of £299,000 with pension payments of £29,900 and long-term incentive awards of £119,600.
His total pay of £448,500 was 36 per cent higher than the £329,000 he took home the previous year.
The British Business Bank, which is based in Sheffield, was set up by the Coalition government in 2012.
The total amount of finance provided to firms through its programmes rose by 24 per cent to £9.2 billion last year.
Kemi Badenoch says a Tory government would restore tax-free shopping for international visitors, reversing the 2021 decision to scrap VAT refunds.
The Conservative leader blamed the wealth exodus on Labour tax policy, citing Sir Jim Ratcliffe, Fred Done and the hedge fund founder Chris Rokos.
The Financial Conduct Authority has found no evidence that its own rules are a major barrier to SME access to finance, in a review published yesterday.
